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Torrid Romance Publishers has total receivables of $4,730.00, which represents 21.00 days sales. Total assets are $29,786.92. The firms operating profit margin is 7.25%. Find
| Torrid Romance Publishers has total receivables of $4,730.00, which represents 21.00 days sales. Total assets are $29,786.92. The firms operating profit margin is 7.25%. Find the firms asset turnover ratio and ROA. (Use 365 days in a year. Do not round intermediate calculations. Round your answers to 2 decimal places.) |
| Asset turnover ratio | |
| ROA | % |
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Finance Accumulation And Monetary Power
Authors: Daniel Woodley
1st Edition
0367338556, 978-0367338558
